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Marblehead 01945
33 Pinecliff Dr
$1,450,000
● House - Off Market

33 Pinecliff Dr

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,374 Ft²
$1,414,704
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Introducing 33 Pinecliff Drive. A beautiful home in one of the most sought after neighborhoods located in the Cliffs Association. Come raise your family in this rare property featuring high-end custom quality finishes, spacious flexile layout, three bedrooms, additional bonus space with en-suite bath, and easy expansion potential into the 3rd floor and lower level. Host the holidays in the elegant custom kitchen and formal dining and living spaces, or relax in the family room, four-season sunroom, and separate home office. Professionally landscaped grounds with elaborate stonework and an oversized two-car garage and stone paver driveway finish off the pretty picture.  First time this home has been on the market since it was built forty years ago. Come see why the owner never moved.
Unit Size
3,374 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$422
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73127099)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
Jun 28, 2023 In contract -
In contract
Jun 20, 2023 Listed by MerryFox Realty $1,425,000
Listed by MerryFox Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,544
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,380
  • Total Building Area: 3,374
  • Gross Building Area: 7,090
  • Building Area: 3,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,374
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203200

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0056 B:0013 L:0
  • Block: 13
  • Municipality: MARBLEHEAD
  • Latitude: 42.4991
  • Longitude: -70.8813

    Address

  • Full Address: 33 Pinecliff Dr
  • Address - House Number: 33
  • Address - Street Name: Pinecliff
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C019
  • 4-Digit Zip Code: 1244
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,049,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,217,122
  • High Value: 1,409,372
  • Low Value: 1,024,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,171,600
  • Assessed Land Value: $704,200
  • Assessed Improvements Value: $467,400

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230811000520
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$546

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2929 ft²

Average Home Age

95.1 years

Currently For Sale

38 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73127099

Frequently Asked Questions

When was property at 33 Pinecliff Drive built and last sold?
The property at 33 Pinecliff Drive was built in 1980 and last sold on Aug 11, 2023 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 33 Pinecliff Drive is $1,479,498.
What are some comparable homes to 33 Pinecliff Drive?
There are currently no comparable homes to 33 Pinecliff Drive.
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